Introductory Process Costs; Single Department ‘The following data pertain to the mixing department for July:

UNITS Work in process, July 1 0 Units started 50,000 Completed and transferred to finishing department 35,000 COSTS Material P $200,000 Material Q 70,000 Direct labor and overhead 135,000 Material P is introduced at the start of the process, while Material Q is added when the product reaches a three-fourths stage of completion. Conversion costs are incurred uniformly throughout the process.

Cost of goods transferred during July. Cost of work in process as of July 31. l-01